Inaba Denkisangyo updates share buyback program status
Inaba Denkisangyo Co., Ltd. has disclosed the status of its treasury share acquisition program for November 2025. From November 4 to November 30, 2025, the company acquired 558,750 shares at a total cost of JPY 2,608,191,350. This acquisition is part of a larger plan approved by the Board of Directors on October 31, 2025.
The board's resolution authorized the acquisition of up to 1,050,000 common shares (1.9% of total issued shares, excluding treasury shares) for a maximum aggregate amount of JPY 4,400,000,000. The acquisition period for this program extends from November 4, 2025, to April 30, 2026, conducted via market purchases based on discretionary trading contracts.
Additionally, Inaba Denkisangyo implemented a 2-for-1 share split effective today, as announced on October 31, 2025. Following this split, the maximum number of shares to be acquired under the program has been adjusted to 2,100,000 shares. As of November 30, 2025, the cumulative number of shares acquired under the board's resolution remains 558,750 shares, at a total cost of JPY 2,608,191,350.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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